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    Property profile & analytics

    2040 Main St Rapid City, SD 57702-0904

    • Office buildings
    • 7,072 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US79-0225850
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Media Medic / Video Production Service
    • Pixel Pines / Software Company
    • Balanced Bodies Massage / Massage Therapist
    • Cecil LaGrande, Farm Bureau Financial Services / Insurance Agency
    • Rapid City Rentals / Apartment Building

    Property Details for 2040 Main St

    Year built
    1962
    Lot size
    0.59 lot acres
    Property size
    7,072 SF
    Property type
    Office buildings
    APN
    37-03-227-009
    APU
    3703227009

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.254
    Latitude
    44.0816
    CBSA code
    39660
    CBSA name
    RAPID CITY, SD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,009
    $359,800
    $1,058,400
    $1,418,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      2,676 SF

      23680 Busted 5th Ct

      OFFICE BUILDING • 2,676 SF
      23680 Busted 5th Ct, Rapid City, SD 57702-6536
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    • Value Estimation by Request
      5,008 SF

      2834 Jackson Blvd

      OFFICE BUILDING • 5,008 SF
      2834 Jackson Blvd, Rapid City, SD 57702-3808
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    • Value Estimation by Request
      2,178 SF

      2809 Plant St

      OFFICE BUILDING • 2,178 SF
      2809 Plant St, Rapid City, SD 57702-0335
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    • Value Estimation by Request
      4,824 SF

      1770 Rand Rd

      OFFICE BUILDING • 4,824 SF
      1770 Rand Rd, Rapid City, SD 57702-9347
      View Details
    • Value Estimation
      $420,000
      3,000 SF

      1865 Samco Rd

      OFFICE BUILDING • 3,000 SF
      1865 Samco Rd, Rapid City, SD 57702-9372
      View Details
    • Value Estimation
      $375,000
      1,656 SF

      3939 Cyn Lk Dr

      OFFICE BUILDING • 1,656 SF
      3939 Cyn Lk Dr, Rapid City, SD 57702-0827
      View Details

    Similar Nearby for Sale

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      Rapid City Retail/Office Opportunity

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    • $200,000
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      Rapid City Residential Dream Home

      High-end lot in Rapid City's coveted Highpointe Ranch North.
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      High-end lot for custom dream home with utilities available.
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      Established Business Opportunity in Rapid

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    Similar Nearby for Lease

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      1161 Deadwood Ave, Rapid City, SD 57702
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    • $20 SF/Yr
      21,745 SF

      Peaks on the Horizon: Executive Office Space

      Historic building, stunning views, one suite left.
      7201 Mount Rushmore Rd, Rapid City, SD 57702
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    • $14 SF/Yr
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      Fulton Plaza Office Suite, Rapid City

      1,513 SF Office, Prime West Side Location
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    • $17 SF/Yr
      2,665 SF

      Fulton Plaza Office Suite, Rapid City

      Prime Office Space, Rapid City, SD
      1818 Fulton St, Rapid City, SD 57702
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    • $1.00 SF/Yr
      2,634 SF

      Creekside Professional Office Space

      Office space in well-maintained business park near amenities.
      2620 Jackson Blvd, Rapid City, SD 57702
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    • Contact for pricing
      1,792 SF

      Rapid City Office Space Available

      Office space available for rent in Rapid City, SD.
      2800 Jackson Blvd, Rapid City, SD 57702
      View Details

    Property Visit Statistics

    • Visits by month
      5.4k
    • Visitors by month
      4.6k
    • Avg Time on site
      13 min
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    2040 Main St
    Rapid City, SD 57702-0904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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